AgenaTrader++ (plusplus) – Automated Setup & Recovery Management
Last updated
Last updated
AgenaTrader++ plusplus represents the more advanced versions of AgenaTrader with innovative features for professional trading. This includes semi-automatic setup and trade management components, integrated risk and money management with automatic order sizing, signal scanner and other functions.
When AgenaTrader++ (plusplus) is activated within a list chart group, the following popup will appear:
You will be asked whether you wants to start the AT++ for the current instrument, for several selected instruments from the list or for the whole List Chart Group.
If AT++ (plusplus) is already running for an instrument within a specified time frame (e.g. 5 min.) and you activate AT++ within another time frame (e.g. 10 min.), then the time settings for the strategy will be changed according to the time frame opened most recently (10 min. in this case). This ensures that the strategy and the submitted trade are active within the same time frame.
If a trade for a specific instrument is already running within a particular time frame, then starting a strategy in a different time frame will be denied.
If AgenaTrader++ (plusplus) is started within the chart, then the interval in brackets will show the time frame for a strategy. Thus, you will be able to identify which time frame the stop point will be adjusted to (5 min. in this case).
This is one of the essential tools in AT++.
If you have submitted and confirmed orders, AgenaTrader++ strategies will continue to run even when the trading platform is closed.
These strategies will be saved within the system.
When you start AgenaTrader up again, the strategies will be adjusted to the current market conditions.
If you plan to keep an intraday trade with the AT++ setup overnight, we recommend that you do not turn off AgenaTrader since this can lead to unexpected order behavior. For example, order groups managed by AgenaTrader, such as IfDone and OCO, are often not linked to your broker due to the fact that the majority of brokers do not support these special types of orders. Only having AT opened ensures that all setups and functionalities will remain unchangeable.
If something happens during the time in which AgenaTrader is closed (e.g. filled or cancelled orders, closed trades etc.), stops will be recalculated and positions/setups will be adjusted etc. Obviously, this can be dangerous.
Should this occur, you will receive a recovery popup (see image below) displaying the trades which require your intervention and supervision:
Functions of the buttons in the recovery popup:
The Entry Escort button allows you to enter the strategy. NOTE: the Trades tab will display the entry reason.
The button Session allows user to select analyzer session
The Confirm button applies the suggested actions.
Chart area provides you access to all chart function. Details on section Chart Toolbar
If you close the popup without confirmation or get InconsstantState in column Action, you will have to clear the trades manually.
